Cryptocurrency Analysis and News Portal
Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security firm Elliptic.The stablecoin (USDH) was created to “avoid the common freezing and transfer restrictions of traditional digital currencies.” The Huione website adds that “USDH is
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The crypto industry has a new "unicorn" in digital asset bank Sygnum, which has just closed a $58 million funding round.The Zug, Switzerland and Singapore-based lender closed an oversubscribed "strategic growth round," which was led by BTC-focused venture capital firm Fulgar Ventures, according to an emailed announcement on Tuesday.The round
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The pressing question on crypto traders' minds is: Has bitcoin's (BTC) price weakness run its course, or is there more to come?The former appears to be the case as Monday's price action, characterized by a swift recovery from intraday lows, contrasted with mid-December when the rally stalled and turned lower
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Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching "Soneum," a general-purpose blockchain platform.The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim —
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MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million.The Miami-based company aims to expand its trading and marketplace volume using Helio's products. "This acquisition is an important step in advancing our vision for the
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Tether, the crypto behemoth behind the $137 billion stablecoin USDT, is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said on Monday.The firm said the development came after acquiring all the necessary licensing as a stablecoin issuer in the country.The move will see Tether relocate
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The Federal Deposit Insurance Corp. will soon be under new management, and the senior Republican there, Travis Hill, has outlined some pro-crypto policy thoughts just before he'll take over – at least on a temporary basis, if not as the permanent new chairman.FDIC Vice Chairman Hill, who is expected to
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JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC).“Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t feel
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Non-fungible token (NFT) project Azuki has announced the release of ANIME, a Japanese cartoon-themed token described on its website as a "culture coin."The price of the Azuki NFTs rose by 9.1% following the announcement, with the cheapest NFT selling for 13.77 ETH ($42,000), according to CoinGecko."We acquired Anime.com, soon to
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Stephen Almond, Executive Director for Regulatory Risk at the ICO, said: “AI has huge potential to transform businesses and public services, which is why it is a priority area for the ICO. Data protection is essential to realising
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